Member Info for Thordon

Just to let you know spent couple hours reading all the RNS going back 5 years.
Bion are owed around 73RM million , now there is a program been in place for several years of repayment but last year a transfer of assets ( power generation ) from one company and likely still to continue as announced.
Turnover will increase this year due to these new assets and others bought in late December not shown on the books.
Now the CEO has said turnover increase last year by 310% or 100RM million , its the profit we do not know and will be realed in June.
Based on past date will be 29th June 2021 , but unknown.

do agree with hillybilly that a price set of what one investor thinks is miss leading , to me its a intesting company and long term hope to add but short of funds always the way.

Please spend couple hours on Bion own website , investor news - then go back in history of all the RNS
Its a good read - then decide to sell or buy

Good luck - Invest only if can afford to lose

Tricky now that's getting low , its well known that totally have written down some of there investment and fully detailed on there RNS and was a paper loss and not the true net profit which was also published.
You may not like Stt1 but stick to facts.
Also wants so wrong with a dividend payment , company has growth and streamlined

Yes very sad have read the report , due the formation of the oil & Gas means rapid decline of 20% in first year but stabilises with lower % over the years.
Now someone did mention you can extract more oil by shutting off the top half of inlet of well thus keeping pressure high then over the years increasing the inlets higher up the well.
As a novice still do not understand how this is achieved.

yep agreed , hence buying more
Not being greedy but hope it stays this price for a least couple weeks
The new well has a mixture of gas and oil , but they are extracting the oil first and hence the 3 metre inlet in order to keep pressure up.
Smart move

Top 25 shareholders own 65.73% of the company
Ownership Name Shares Current Value Change % Portfolio %
8.52%
Amati Global Investors Ltd. 51,136,000 $1.5m 0% 0.15%
5.21%
G. P. (Jersey) Limited 31,308,000 $907.9k 138.99% no data
4.91%
HBOS Investment Fund Managers Limited 29,451,878 $854.1k 33.41% 0.01%
4.65%
Jarvis Securities plc, Asset Management Arm 27,908,107 $809.3k 164.55% 0.04%
4.08%
Jon Fitzpatrick 24,516,264 $711.0k 0% no data
4.04%
Block Energy plc Employee Benefit Trust 24,268,478 $703.8k -15.39% no data
3.64%
Alastair Ferguson 21,874,242 $634.4k 0% no data
3.61%
IG Group Holdings Plc, Asset Management Arm 21,672,309 $628.5k 116.12% 0.06%
2.75%
Spreadex.com Limited, Asset Management Arm 16,514,747 $478.9k 765.21% 1.73%
2.65%
Interactive Brokers Group, Inc., Asset Management Arm 15,903,566 $461.2k 794.51% 0.02%
2.3%
Barclays Bank PLC, Wealth and Investment Management Division 13,790,921 $399.9k 0.88% no data
2.17%
A J Bell Holdings Limited, Asset Management Arm 13,032,453 $377.9k 71.34% no data
2.09%
Paul Haywood 12,544,381 $363.8k 2140.07% no data
1.73%
JPMorgan Chase & Co, Brokerage and Securities Investments 10,375,000 $300.9k 0% no data
1.62%
Barclays Bank PLC, Securities Investments 9,747,173 $282.7k 0% no data
1.6%
Iskander Energy Corporation 9,591,040 $278.1k 0% no data
1.48%
HSBC Global Asset Management (UK) Limited 8,877,066 $257.4k 5.43% no data
1.4%
Global Prime Partners Ltd, Asset Management Arm 8,396,866 $243.5k -68.03% 0.09%
1.28%
W H Ireland Group plc, Asset Management Arm 7,676,470 $222.6k 137.19% 0.13%
1.27%
Credo Group of Companies 7,620,000 $221.0k 0% 0.1%
1.25%
Rathbone Investment Management Limited 7,500,000 $217.5k 7.14% no data
1.04%
Lockwood Advisors, Inc. 6,253,700 $181.4k 19.93% no data
0.93%
UBS Asset Management 5,574,000 $161.6k -28.02% no data
0.83%
Premier Fund Managers Limited 4,975,749 $144.3k 0% no data
0.69%
SEI Investments Company 4,120,348 $119.5k -8.16% no data

John R. Shaw, CEO of Itaconix, said:
"Our focus on being key ingredients in everyday consumer products is delivering continued commercial progress on the revenue potential in every household for our plant-based technologies. As we increase recognition of the Company's green credentials, improve our balance sheet, and expand our line of sustainable products, we are positioning Itaconix for new routes to broader revenue horizons in the emerging low-carbon economy.

Key is ITX will concentrate on household & new routes
Household-main product produced at ITX factory
New Routes - Licence method or a JV

Probably looking too much into this but these are very direct words

TP group have around £300K in the bank spare , if you take debt and cash at hand.
On the marine side looking at last years accounts the profit was £5 million plus admin from TP group of £2 million.
Just taking the £5 million and compared to peers would see a 12 fold value of £60 million.

Simply Wall Street has no objectives and basically a fact indicator , really handy
Had another thought they could split the company into two parts with fund raise for consultancy part.
The engineering sector left would be worth more then current value

https://loopup.com/en/solutions/cloud-telephony/coverage/

Now covering 67 country's

https://simplywall.st/stocks/gb/capital-goods/aim-tpg/tp-group-shares/news/is-tp-group-lontpg-using-too-much-debt

posted 1 day ago

The point is for last 7 years no debt , if you look at graph then why the sudden rise of debt from zero last year to £7million.

Another point when you buy a company there is a set rate , in other words i pay £6 million with a £1million net profit.
Can not see the correlation on TP Group acquisition.

The Warning was the crown company's assets up for sale , if going by the ceo skills then sold cheap.

if you do would be non sensitive

Some good points , my suspicion is theirs a set up by the CEO and why we have a short on loopup at 2.1%.
Back in November the CEO was not pleased with there own Brokers report which collapsed the share price , fast forward and now silence.
The silence and what better way of getting back at the old brokers for that report by announcing Stellar numbers , its also noted at the time that two institutions merge together and one minor problem one company had a mayor investment whilst the other had shorted.
Also strange that early 2020 the ARR was around 8% and rest on contracts or Pay per minute , the conversion to ARR was in itself a mayor uplift to September over now over 50% ARR and since increased.
The pay per minute has been discounted but would still have a impact but decreasing as more ARR contracts in place.
Anyway once you look deep we find strange selling and buying patterns and one that has been there since November, just to add look at Zoom figures and it appears that the free entry point of use that is counted as research and a value then fed back in the accounts.
Burn the competitors out , in Loopup case we removed ourselves from the low cost but high volume customers.
Any thoughts please post

Markets are forgiving but last year we announced a loss making division sold and that should of been a positive to cash flow and PBT.
Was not expecting another Major loss in PBT , hence the market views this company as management not fit to make a profit

If you take the sale of business then pretax profit would of been negative based on last years results.
Was expecting greater margins not less

Time the CEO left the building , last 10 years not great except his salary

Sorry but not investing , love the marine business and that's on the market and now confirmed which is the crown of supporting TP Group.
Do not understand why the huge loss , really gutted
perhaps once ive the time read the full details

Poodingen if you are short investor then best find another share , this company could bounce 200% on news of loan repaid and also on high court on well licence or tax refund.
The point is that its a waiting game so long term investor

Good point ROCKLAWN - My notes its a waiting game and that's simple

Well lets hope they are good , im ready to buy just not a fan of the CEO.
TP Group have the making of success but poorly managed at top level

Block energy starting to become a mature parent